Actor Mun Ka-young / Courtesy of Peak J Leisure
By KTimes
Lately, there was some heartwarming information: actor Mun Ka-young donated 100 million received ($75,000) to Ewha Womans College Medical Heart. The cash got here from a part of the earnings of her first essay assortment, “PATA,” printed in March.
Provided that the publishing market has lengthy been in a hunch, it appeared questionable whether or not such an quantity was even possible.
Nevertheless, officers from publishing firms mentioned that incomes 100 million received in royalties is “not an unreasonable quantity.”
Within the publishing trade, it’s widespread for authors to obtain 10 p.c of the quilt value per guide offered. With “PATA” priced at 22,000 received, the royalty per guide can be 2,200 received. Promoting round 45,500 copies would usher in over 100 million received.
“PATA” created fairly a buzz, going right into a second print run only a day after pre-orders started. Her guide debuted at quantity 4 on Kyobo Bookstore’s complete bestseller checklist.
Final month, the guide additionally secured rights offers with publishers in Taiwan and Indonesia, paving the best way for its worldwide launch.
Nevertheless, this marks one other instance of the extreme wealth hole within the publishing world.
An official at a publishing firm mentioned, “Mun Ka-young is well-known as an actress who reads rather a lot, so even common readers can be interested in her guide.
It is true {that a} well-known creator with a fanbase will discover it simpler to promote books than a mean author.”
Mun’s affect as a “guide lover” is certainly exceptional. After she really useful Somerset Maugham’s “The Razor’s Edge,” a part of Minumsa’s World Literature Assortment, by means of Kyobo Bookstore final month, orders for the guide surged.
In response to Minumsa Publishing, on Aug. 28 alone, they obtained a whole lot of orders from bookstores.
If you wish to see the constructive affect of a star who loves books, look no additional than actress Mun Ga-young.
This text from the Hankook Ilbo, a sister publication of The Korea Occasions, is translated by a generative AI and edited by The Korea Occasions.
